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OMREB's September Buyer's Survey Results


Blog by Eric Steinbach | November 8th, 2016


Here are the results from OMREB’s September Buyer’s survey.

Property Type:
19.8% by Relocating and moving to similar property type (up from 18.2% in August)
19.6% by Move-Up Buyers (up from 16.2%)
16.8% by Buyers Downsizing (up from 13.4%)
15.2% by First Time Buyers (down from 18.4%)
12.5% buying Revenue/Investment Property (down from 15.4%)
5.7% moving from Single Family Home to Strata Unit (down from 5.8%)
4.9% buying Recreation Property (down from 8.1%)
3.5% moving from Strata Property to Single Family Home (up from 1.8%)
2.7% moving into Retirement Home/Seniors Community (up from 1.5%)

Buyer Type (Family Dynamic):
27.7% Couple without Children (up from 21.1% in August)
21.5% Two Parent Family/Children (down from 28.9%)
20.7% Empty Nester/Retired (up from 20.3%)
15.2% Single Male (up from 12.9%)
10.6% Single Female (down from 11.2%)
3.3% Single Parent with Children (down from 3.8%)

Moving From: 
52.3% from Within OMREB Board Area (down from 54.0% in August)
21.5% from Lower Mainland/Vancouver Island (up from 16.5%)
12.8% from Alberta (down from 15.8%)
6.8% from Other Areas in BC (up from 6.5%)
3.5% from Eastern Canada/Maritimes (up from 2.3%)
1.6% from Outside Canada (down from 2.8%)
1.4% from Saskatchewan/Manitoba (down from 2.3%)
0% from NWT/Yukon (no change from 0%)